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20130318
20130326
Search Results 0 to 8 of about 9 (some duplicates have been removed)
in the u.s. it's part of paul's on-going reporting "making sense of financial news." >> that's steve and barrie boehne, they're the leading force in tandem. look at the grace. >> reporter: now what, you may ask, could a surfing star of the 1970s have to do with economics in 2013? >> isn't that great! >> reporter: well, steve boehne's life in the surf, which began at age 12 here in dana point, california, has involved shredding the waves, since 1958, on boards of his own invention. he's the founder and still maker and seller of legendary high end infinity surfboards. >> paul, you can use my board any time. >> reporter: even if his heavy lifting days are over. isn't this kind of a large surfboard? >> yeah, this is bigger than normal. it's a standup surfboard. it's become popular in the last five years. and a lot of the older guys really embraced it at first, because it's a little bit easier because you're already standing up. >> reporter: but these days, boehne's got a bigger problem than gnarly knees. >> 95% of the boards being sold in the world weren't made by us in california who st
's, the decline steepens for the average person. steve trachtenberg is 75. >> i'm still cooking with gas, but i'm not the man i was at 65 or 55. >> solman: even so, trachtenberg thinks traditional retirement at age 65 is too young. >> people live longer now and are healthier longer now. but i think having an age at which the institution and the individual could together decide whether the person ought to retire would be a useful thing. >> solman: trachtenberg says 70 would be a good age to do that. so why does he continue to work at 75? >> well, if we had the conversation, i'd push back. i'd say, no, im still working! >> everybody's situation is different. >> solman: george mason psychology professor lou buffardi is retiring this spring at age 70. but he doesn't think everyone should. >> there are many folks my age and older who are remaining at the university and are some of our very best people. >> solman: sure, says claire potter, but there's a catch. >> i think one of the things you get if you have an aging faculty is, there's a kind of break on innovation that is unnecessar
to within a few of an all-time high. steve leaseman tells us where we go from here. >> the federal reserve voting 11 to 1 to keep its policy in place and purchasing $85 billion a month in treasury and mortgage-backed securities in an effort to drive down long-term interest rates. but the federal reserve chairman in the press conference after the statement came out, suggested that the fed may reduce the amount of monthly purchases if he sees sustained improvement. >> we are seeing improvement. i think one thing we would nee
Search Results 0 to 8 of about 9 (some duplicates have been removed)